Share via

A plan to build the world’s largest liquefied natural gas vessel to process
and ship Australia’s abundant offshore reserves to Asia has been outlined by
Exxon Mobil and BHP Billiton.

The LNG ship, almost five football pitches long, would be about twice the size
of the world’s first such vessel, which is being built by Shell.

Exxon and BHP, equal partners in the project, said that they would decide
whether to make the investment in 2014-15. They did not say how much it
would cost, but analysts estimated it at more than A$12 billion (£8.2
billion).